I would put $33K down, closing costs at $4K, what am I missing?

Without a proper home inspection you may miss some significant issues that can possibly cost thousands and thousands of dollars and then you have a real headache and even more remorse.

Would like to hear opinions on either, or if we're missing something else entirely (more or less coverage, etc).

Thanks Charles, I was hoping I was missing something. 

I received a conventional mortgage at 15% down and a piggyback HELOC to make up the missing 10% of my down payment. 

What am I missing here?

Here is some math below.PP: 175kRepairs: 30k/unitARV: UnknownRents: 725/unit*4350= 52,20052,200*50%(operating expenses)26,100*36%(vacancies) = 16,704I know I’m missing some things so please help me out!

There may be additional capital gains assessed at the sale of the property as well due to the gift.That is good advice about making it clear in the lease agreement that rents will rise yearly by 3%-5%, thank you.Last notes on the business: I understand that it seems illogical or like something is missing.

What else am I missing?

Not sure if I missed anything.